Two stalwarts of Asia-Pacific transaction banking have shifted, as HSBC’s John Laurens moves to assume Tom McCabe’s role as DBS’ head of global transaction services.
Michael Vrontamitis has been promoted to head of trade, product management, splitting a cash and trade role in two and relocating the position to Hong Kong.
ANZ’s global head of transaction banking, Sameer Sawhney, is now the bank’s head of global banking after only 17 months in the treasury-related position.